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Hi, so I'm starting to do research on moving into smaller apartment buildings when this one caught my eye. I have a few SFH rentals, but no multi families. It's a 28 unit row house building. Built in 1889. The exterio...
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Hi BP,My lender (a local bank in PA) pulled out only a couple of days before closing. Underwriting said our usable income is not sufficient for the bank to grant the loan.A mortgage officer from another bank is workin...
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I'm analyzing a potential first deal- spreadsheet below. It is a 2-family located in MA. I'm assuming I would need to put 25% down on the purchase price. To get the rents, I used rentometer.com and then scaled down...
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Hi
I am looking to invest in South Florida, I live in California have a couple of rental properties here, I sold one and want to redeploy cash and was wondering if South Florida is a good market for investmen...
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what are your thoughts on the 15.00 hr minimum wage increase how will it affect your business positive or negative thanks for the responses
My tax adviser is telling me I need to set up an SEP Retirement plan to lessen my tax burden this year. I am primarily trying to shelter profit from a flip. I am a W2 wager earner and have rental income as well. I do ...
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I am posting my obligatory introduction before I start an actual topical thread of inquiry in one of the forum subject areas. I'll put up a picture or company logo at some point to satiate those that don't like to see...
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I received my 1099 misc from my property management company and they did a few things that don't seem right. First under Other Income (box 3) they listed Security deposit (refundable), pet deposit (non-refundable) and...
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Hello, I'm Brandy! My long term goal is to be an investor, but as a beginner, I'd really like to start a new career in the RE world at least. (I'm currently working in healthcare.) I would like to still make an annual...
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Hello!My name is Amanda and my husband are are getting started in this exciting biz! I’ve got a few questions! I apologize in advance, this is long so thank you for reading to the end if you do. Our current home is a...